Shobhit Institute of Engineering & Technology aims to support deserving/meritorious students in availing financial assistance for pursuing their higher education. In order to encourage students to take up higher education despite their financial shortcomings, nowadays, most banks are providing attractive loan facility to students.
Students can avail loan from any bank. However, for the benefit of its students, Shobhit Institute of Engineering & Technology has tie-ups with the following banks:
We help our students in speedy disposal of their loan applications across the country. During June-August, a kiosk is set up inside the University for the benefit of students seeking financial assistance from the bank.
Procedure for Availing Bank Loan Assistance
Students who want to apply for Educational Loan will need an offer letter from the University. The University will provide the requisite offer letter as required by the bank for loan purposes, as and if believed appropriate.
However, the students and their parents/guardians shall be responsible for obtaining sanction and repayment of the sanctioned loan and all kinds of liabilities and consequences arising thereof, if any. The University shall not be liable and responsible in this regard.
Economically Weaker Section (EWS) - Guidelines for Education Loan
Central Scheme to provide Interest Subsidy for the period of moratorium on Educational Loans taken by students from economically weaker sections from scheduled banks under the Model Education Loan Scheme of IBA.
In case of any issue / problem in availing education loan, please contact:
Office of Admissions